Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Canopy Growth Corporation (CGC)

211 + Investors. Track Smart Money conviction in CGC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -7
Streak
1Q ▼
Buyers last Q
51%

Smart Money Signals — CGC

Based on 214 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their CGC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
214 hedge funds hold CGC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q
+14 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 51% buying

77 buying75 selling
Last quarter: 77 funds bought or added vs 75 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 39 → 54 → 37 → 31. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

46% of holders stayed for 2+ years

■ 46% conviction (2yr+) ■ 29% medium ■ 24% new
99 out of 214 hedge funds have held CGC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

31 → 39 → 54 → 37 → 31 new funds/Q
New funds entering each quarter: 39 → 54 → 37 → 31. CGC is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 52% veterans vs 32% newcomers

■ 52% veterans ■ 16% 1-2yr ■ 32% new
Entry-cohort mix of 230 holders: 120 (52%) are 2+ year veterans, 36 entered 1–2 years ago, and 74 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 26% AUM from major funds

26% from top-100 AUM funds
21 of 212 holders rank in the top 100 by AUM, accounting for 26% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CGC

In 2026 Q2, 77 hedge funds were net buyers of CGC (31 opened a new position, 46 added to an existing one), while 75 reduced or exited (37 trimmed, 38 sold completely) — a 51% buyer ratio, indicating a slight buying edge. 26% of total institutional value in CGC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -7 funds (more exits than new entries). Total institutional holders: 214.

Hedge Fund Ownership: CGC

How many hedge funds hold CGC — quarterly history vs. share price
Quarterly hedge fund ownership of CGC vs. share price

Market Analysis: CGC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CGC

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 0 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: CGC
211 + Investors

Track Smart Money conviction in CGC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 211 221 -4.52%
13F Shares 38M 36M 6.76%
Total Value $36M $34M 6.06%
New Positions 31 37 -6
Increased Positions 46 38 +8
Closed Positions 39 35 +4
Reduced Positions 30 45 -15
Total Calls 9 9 -
Total Puts 9 7 28.57%
PUT/CALL Ratio 1.0 0.78 Neutral

Statistics: CGC

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Institutional Holders (2026 Q2)

211 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CGC. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CGC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sullivan Wood Capital Management LLC 0.90% 690,585 $656K
2 Lauer Wealth, LLC 0.08% 133,000 $128K
3 AdvisorShares Investments LLC 0.03% 289,683 $275K
4 Ground Swell Capital, LLC 0.03% 28,181 $27K
5 Baader Bank Aktiengesellschaft 0.02% 270,000 $262K
6 Lake Street Private Wealth, LLC 0.02% 141,900 $135K
7 Tidal Investments LLC 0.02% 9,189,630 $8.7M
8 SBI Securities Co., Ltd. 0.01% 682,715 $649K
9 Genesee Capital Advisors, LLC 0.01% 40,068 $38K
10 SIG North Trading, ULC 0.01% 545,600 $518K
11 SIG North Trading, ULC 0.01% 465,493 $442K
12 Granite Islands Private Wealth, LLC 0.01% 10,905 $10K
13 PFS Partners, LLC 0.01% 18,350 $17K
14 Gmt Capital Corp 0.01% 138,459 $132K
15 SIG North Trading, ULC 0.01% 381,800 $363K
16 PCG Wealth Advisors, LLC 0.01% 28,440 $27K
17 Leonteq Securities AG 0.00% 92,447 $129K
18 Two Sigma Securities, LLC 0.00% 49,259 $47K
19 Greenberg Financial Group 0.00% 10,017 $10K
20 Marathon Trading Investment Management LLC 0.00% 109,600 $104K
21 Lazard Asset Management LLC 0.00% 1,847,500 $1.8M
22 Sculptor Capital LP 0.00% 335,000 $318K
23 Sculptor Capital LP 0.00% 335,000 $318K
24 Octavia Wealth Advisors, LLC 0.00% 26,009 $25K
25 Aries Wealth Management 0.00% 10,020 $10K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Canopy Growth Corporation (CGC)

What does the Smart Money Trend signal show for CGC?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their CGC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CGC?

Slight buying edge — 51% buying: Last quarter: 77 funds bought or added vs 75 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CGC holders?

Strong quality — 26% AUM from major funds: 21 of 212 holders rank in the top 100 by AUM, accounting for 26% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CGC?

46% of holders stayed for 2+ years: 99 out of 214 hedge funds have held CGC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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